Purpose of an Audit: Information Risk

Reduction

1. Distant sources (ex: investing on

business located in another country)

2. Provider biases and motivation

Attestation is a form of assurance services.
Assurance  Attestation (form of assurance)
Report (where you issue a report)
Not all assurance services would require a
report.
A: Attestation services
A – Compliance Audit
B – Operational Audit
C – Financial Audit
D – Operational audit